Loop Financial Reviews | Read Customer Service ...
I applied for a business credit card. What I got, without anyone mentioning it, was a blanket charge over every asset my company owns or will ever own. ... One minute later, a financing statement was registered against my company under the Personal Property Security Act: all present and after-acquired personal property, no dollar limit, no maturity date, four-year term. ... To any upcoming company: don't waste your time applying there. After 3 weeks of review, they denied me with no explanation given, after taking all my information. I got approved by their competitor in 30 minutes. By far the worst experience I've had in my life. On top of that, this company has no phone number, and 99% of the time you can't reach an agent. ... My experience with Loop has been absolutely terrible and one of the biggest wastes of time I’ve ever had with a company. The application process takes weeks just to get reviewed, and customer support is practically nonexistent. Emails go unanswered, the live chat seems to be handled mostly by AI, and there’s no phone number to speak with an actual person. After waiting all that time and providing all the requested documentation and personal information, my application was declined with what felt like a generic automated response, with no clear explanation as to why.
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